Don Rae Realtor


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  • 163 Cariboo Road Kelowna V1V2E4

    Price : $1,399,000 Listing ID : 10332173
    Bedrooms Bathrooms
    Property Type : Single Family Building Type : House
    Title : Freehold Finished Area : 2864 sqft
    Built in : 1972 Total Parking Spaces : 8
    This is a rare opportunity for investors and developers! Located in the highly desirable and quiet North Glenmore neighborhood, this 0.39-acre property is perfectly situated for development. The plans for a 19-unit development are ready for submission, including both this property and the adjacent 163 Cariboo Rd property. The current MF1 zoning allows for multi-family development, and the property is centrally located within minutes of schools, shopping centers, and downtown, making it a prime location for future residents. The property currently features a charming 2-bedroom plus den, 2-bathroom country cottage with a covered backyard. It is rented to a wonderful family at a discounted rate of $2,500/month, providing immediate rental income. Highlights: Rare development opportunity in North Glenmore 19-unit plans ready for submission 0.39-acre lot with MF1 zoning Centrally located, close to schools, shopping, and downtown Existing rental income from a charming country cottage (id:56537)

    Call (250)-864-7337 for showing information.
    Details
    Amenities Nearby : Schools Access : - Appliances Inc : Refrigerator, Dryer, Range - Electric, Washer
    Community Features : - Features : Irregular lot size Structures : -
    Total Parking Spaces : 8 View : - Waterfront : -
    Zoning Type : Unknown
    Building
    Architecture Style : - Bathrooms (Partial) : 0 Cooling : Wall unit
    Fire Protection : - Fireplace Fuel : - Fireplace Type : -
    Floor Space : - Flooring : Laminate Foundation Type : -
    Heating Fuel : - Heating Type : Forced air, See remarks Roof Style : Unknown
    Roofing Material : Asphalt shingle Sewer : Municipal sewage system Utility Water : Municipal water
    Basement
    Type : Full Development : - Features : -
    Land
    Landscape Features : -
    Rooms
    Level : Type : Dimensions :
    Basement 3pc Bathroom 7'0'' x 5'0''
    Bedroom 13'0'' x 12'0''
    Den 11'0'' x 8'0''
    Laundry room 12'0'' x 9'0''
    Recreation room 16'0'' x 14'0''
    Main level 4pc Bathroom 10'0'' x 5'0''
    Bedroom 11'0'' x 11'0''
    Dining room 12'0'' x 9'0''
    Kitchen 13'0'' x 11'4''
    Living room 16'0'' x 12'6''
    Primary Bedroom 13'0'' x 10'0''
    Second level 3pc Bathroom 8'0'' x 8'0''
    Bedroom 12'0'' x 10'0''
    Bedroom 12'0'' x 8'0''
    Dining room 8'0'' x 8'0''
    Kitchen 9'0'' x 8'6''
    Living room 13'0'' x 12'0''
    Data from sources believed reliable but should not be relied upon without verification. All measurements are approximate.MLS®, Multiple Listing Service®, and all related graphics are trademarks of The Canadian Real Estate Association. REALTOR®, REALTORS®, and all related graphics are trademarks of REALTOR® Canada Inc. a corporation owned by The Canadian Real Estate Association and the National Association of REALTORS® .Copyright © 2023 Don Rae REALTOR® Not intended to solicit properties currently under contract.